IRIS Accounts Production v23.3.1.45 08803955 director 1.1.22 31.12.22 31.12.22 false true false false true false A Ordinary 0.01000 B Ordinary 0.01000 C Ordinary 0.01000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh088039552021-12-31088039552022-12-31088039552022-01-012022-12-31088039552020-12-31088039552021-01-012021-12-31088039552021-12-3108803955ns10:Originalns15:EnglandWales2022-01-012022-12-3108803955ns14:PoundSterlingns10:Original2022-01-012022-12-3108803955ns10:Originalns10:Director12022-01-012022-12-3108803955ns10:Original2022-01-012022-12-3108803955ns10:Original2022-12-3108803955ns10:Originalns10:PrivateLimitedCompanyLtd2022-01-012022-12-3108803955ns10:Originalns10:SmallEntities2022-01-012022-12-3108803955ns10:Originalns10:AuditExempt-NoAccountantsReport2022-01-012022-12-3108803955ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-01-012022-12-3108803955ns10:SmallCompaniesRegimeForAccountsns10:Original2022-01-012022-12-3108803955ns10:Originalns10:FullAccounts2022-01-012022-12-3108803955ns10:OrdinaryShareClass3ns10:Original2022-01-012022-12-3108803955ns10:Originalns10:OrdinaryShareClass42022-01-012022-12-3108803955ns10:Originalns10:OrdinaryShareClass52022-01-012022-12-3108803955ns10:Originalns10:RegisteredOffice2022-01-012022-12-3108803955ns10:Original2021-12-3108803955ns10:Originalns5:CurrentFinancialInstruments2022-12-3108803955ns10:Originalns5:CurrentFinancialInstruments2021-12-3108803955ns10:Originalns5:Non-currentFinancialInstruments2022-12-3108803955ns10:Originalns5:Non-currentFinancialInstruments2021-12-3108803955ns5:ShareCapitalns10:Original2022-12-3108803955ns5:ShareCapitalns10:Original2021-12-3108803955ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-12-3108803955ns10:Originalns5:RetainedEarningsAccumulatedLosses2021-12-3108803955ns10:Originalns5:PlantMachinery2022-01-012022-12-3108803955ns10:Original2021-01-012021-12-3108803955ns10:Originalns5:FurnitureFittings2021-12-3108803955ns10:Originalns5:ComputerEquipment2021-12-3108803955ns10:Original2021-12-3108803955ns10:Originalns5:FurnitureFittings2022-01-012022-12-3108803955ns10:Originalns5:ComputerEquipment2022-01-012022-12-3108803955ns10:Originalns5:FurnitureFittings2022-12-3108803955ns10:Originalns5:ComputerEquipment2022-12-3108803955ns10:Originalns5:FurnitureFittings2021-12-3108803955ns10:Originalns5:ComputerEquipment2021-12-3108803955ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3108803955ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2021-12-3108803955ns10:Originalns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2021-12-3108803955ns10:Originalns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-12-3108803955ns10:OrdinaryShareClass3ns10:Original2022-12-3108803955ns10:Originalns10:OrdinaryShareClass42022-12-3108803955ns10:Originalns10:OrdinaryShareClass52022-12-31
REGISTERED NUMBER: 08803955 (England and Wales)











Financial Statements

for the Year Ended 31 December 2022

for

TUDOR DEVELOPMENTS AJ LIMITED

TUDOR DEVELOPMENTS AJ LIMITED (REGISTERED NUMBER: 08803955)






Contents of the Financial Statements
for the Year Ended 31 December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TUDOR DEVELOPMENTS AJ LIMITED

Company Information
for the Year Ended 31 December 2022







DIRECTOR: Mr A H Davis





REGISTERED OFFICE: 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY





REGISTERED NUMBER: 08803955 (England and Wales)





ACCOUNTANTS: Jeff Lermer & Associates
Chartered Accountants
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY

TUDOR DEVELOPMENTS AJ LIMITED (REGISTERED NUMBER: 08803955)

Balance Sheet
31 December 2022

31.12.22 31.12.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,217 2,399

CURRENT ASSETS
Stocks 270,000 270,000
Debtors 5 2,745,348 1,945,361
Investments 6 1 1
Cash at bank 245,154 79,133
3,260,503 2,294,495
CREDITORS
Amounts falling due within one year 7 1,365,631 1,449,049
NET CURRENT ASSETS 1,894,872 845,446
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,898,089

847,845

CREDITORS
Amounts falling due after more than one year 8 (1,797,610 ) (843,830 )

PROVISIONS FOR LIABILITIES (456 ) (456 )
NET ASSETS 100,023 3,559

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 99,923 3,459
SHAREHOLDERS' FUNDS 100,023 3,559

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

TUDOR DEVELOPMENTS AJ LIMITED (REGISTERED NUMBER: 08803955)

Balance Sheet - continued
31 December 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 February 2024 and were signed by:





Mr A H Davis - Director


TUDOR DEVELOPMENTS AJ LIMITED (REGISTERED NUMBER: 08803955)

Notes to the Financial Statements
for the Year Ended 31 December 2022

1. STATUTORY INFORMATION

Tudor Developments AJ Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

TUDOR DEVELOPMENTS AJ LIMITED (REGISTERED NUMBER: 08803955)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2022 1,838 6,465 8,303
Additions - 2,497 2,497
At 31 December 2022 1,838 8,962 10,800
DEPRECIATION
At 1 January 2022 1,511 4,393 5,904
Charge for year 82 1,597 1,679
At 31 December 2022 1,593 5,990 7,583
NET BOOK VALUE
At 31 December 2022 245 2,972 3,217
At 31 December 2021 327 2,072 2,399

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Amounts owed by group undertakings 398,541 607,041
Other debtors 2,304,013 1,202,898
VAT 9,122 9,122
Prepayments and accrued income 33,672 126,300
2,745,348 1,945,361

6. CURRENT ASSET INVESTMENTS
31.12.22 31.12.21
£    £   
Unlisted investments 1 1

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Trade creditors 42,499 (2 )
Amounts owed to group undertakings 4,445 4,445
Tax 19,961 -
Other creditors 307,375 162,599
Directors' current accounts 956,333 1,215,089
Accruals and deferred income 35,018 66,918
1,365,631 1,449,049

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.22 31.12.21
£    £   
Other loans - 2-5 years 797,635 843,830
Other loans more 5yrs instal 999,975 -
1,797,610 843,830

TUDOR DEVELOPMENTS AJ LIMITED (REGISTERED NUMBER: 08803955)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.12.22 31.12.21
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 999,975 -

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.22 31.12.21
value: £    £   
9,998 A Ordinary 1p 100 100
1 B Ordinary 1p - -
1 C Ordinary 1p - -
100 100

10. RELATED PARTY DISCLOSURES

At the balance sheet date, the company was owed an amount of £398,541 (2021: £607,041) by Tudor Development AD Ltd, £4,445 (2021: £4,445) to Thorn Estates Ltd, a company related by the fact that they are under common control.

As at the balance sheet date, included in creditors due within one year is £956,333 (2021: £1,215,089), due and payable to the director. The amount is interest free and repayable on demand.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr A H Davis.